Rare Downtown Flushing development opportunity on a 0.


Property

Website: https://www.nestseekers.com/5273651
Address:
New York, NY 11355
Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$7,880,000
Annual Taxes:$37,921.48

Description

Rare Downtown Flushing development opportunity on a 0.10-acre lot zoned C4-3, ideally positioned just minutes to Main Street transportation (LIRR and the 7 subway line). The site benefits from DOB-approved plans for an approximately 30,000 SF hotel building, allowing for 60+ guest rooms and approx. 4,000 SF of ground-floor commercial space. A prime, transit-oriented location surrounded by established retail, residential towers, and major neighborhood amenities—well suited for hotel and mixed-use concepts within one of Queens’ strongest commercial corridors.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Daniel Gale Sothebys Intl Rlty